Los Angeles - A week after signing Colombian pop star
Shakira to a reported $70-$100 million "360 deal," concert promotion
giant Live Nation (NYSE: LYV) announced on Tuesday that it signed a new multi-faceted contract
with Canadian rock band Nickelback. Under the deal, financial details of which
were not disclosed, Live Nation acquired a vast array of rights for the band,
including three touring and album cycles, tour sponsorship, merchandise,
VIP/travel packages, secondary ticketing, clothing, licensing, non-tour
sponsorship and endorsements, DVD and broadcast rights, fan club, website and
literary rights.
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